I essentially think the mega run was last year, why would any new money come into it after what happened last year? People saw the rise and the crazy fall and loss it does. No one is in it for technology its all about wanting to get rich. I don't see how people think a bull run is coming..
Bull run will happen because market cycles are a part of every market. Everything has bull and bear markets - gold, stocks, commodities, currencies. So, with Bitcoin, the only question is when will it happen and when will this bear market reach its bottom. There were many greedy predictions this year claiming there will be bull run at the end of this year, so people might have some unrealistic expectations, but it's safe to assume that the bull run will happen within next 4 years.